Electricity Power Distribution firms in the country (Discos) collected N263.08 billion as revenue in second quarter of 2023 , an amount marginally higher than N247.33 billion in Q1 2023.
On a year-on-year basis, revenue generated in the reference period rose by 39.63% from N188.41 billion recorded in Q2 2022, electricity data released by National Bureau of Statistics NBS confirmed.
Similarly , total number of electricity metered customers increased slightly by 3.10 percent from 5.31 million recorded in the preceding first quarter of 2023 to at 5.47 million in Q2 2023.
On a year-on-year basis, this grew by 10.40% from the figure reported in Q2 2022 which was 4.96 million. In addition, estimated customers during the quarter were 6.00 million, higher by 0.72% from 5.96 million in Q1 2023.
On a year-on-year basis, estimated customers increased by 2.58% in Q2 2023 from 5.85 million in Q2 2022.
There was also a rise in total number of customer numbers in Q2 2023 which stood at 11.47 million from 11.27 million in Q1 2023, showing an increase of 1.84%.
On a year-on-year basis, customer numbers in Q2 2023 rose by 6.17% from 10.81 million reported in Q2 2022.
Electricity supply was 5,909.83 (Gwh) in Q2 2023 from 5,851.87 (Gwh) in the previous quarter. However, on a year-on-year basis, electricity supply increased by 13.06% compared to 5,226.97 (Gwh) reported in Q2 2022.
